India power transmission & distribution sector opportunity outlook 2025

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India Power Transmission & Distribution Sector Opportunity Outlook 2025 Power transmission is an integral part of the power sector and is as vital as power generation; there is no value for generating power until the power reaches to the destination for final consumer. The huge amount of power generated in power station is to be transported over a

long distance to the load centers to cater to the consumers with the help of transmission lines

and transmission towers. Though India has adequate power generation capacity, it has a substantial proportion of population having limited access to electricity mostly because of

lack of proper transmission infrastructure. In order to achieve target of affordable electricity for all by 2019 or even by 2022, India serious needs to have robust power transmission network.

Evacuating power safely was the main focus of India’s power transmission sector during the

initial years. But as the need for electrification of more areas were realized for economic growth, the role of transmission sector changed a lot. As with the changing scenario, the

transmission sector started to move towards integrated system planning because generation capacities are distributed unevenly in different regions. While thermal capacity is in the coal

rich eastern region, hydro capacity is concentrated in the hilly regions of North and NorthEastern regions while renewable sources like wind or solar are concentrated in west and south

regions. Building on massive power transmission sector thus addressed this issue and helped

providing power to regions across the country. Thus power transmission in India is in the

integrated system planning of power sector and in last one decade this sector has been

getting substantial investments to scale up the infrastructure. Now power transmission is considered as important as power generation.

India’s power transmission sector is mostly controlled by government – both the central and

various state governments and various institutions to work in the transmission sector. Till now, with respect to the size of the sector, presence of private sector is negligible though the

private sector participation in power transmission is growing gradually with recent policy

reforms. In the central sector, the central transmission utility (CTU), known as the Power Grid Corporation of India Ltd (PGCIL), is responsible for national and regional transmission planning while the state sectors have separate State Transmission Utilities (STU).

Power transmission was opened up to the private sector in 2010 with the award of the western regional system strengthening to Reliance Infra and the east-north interconnection

line to Sterlite Energy. The CERC in 2011 ruled power transmission projects should be For Sample Contact: neeraj@kuickresearch.com , +91-11-47067990

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India Power Transmission & Distribution Sector Opportunity Outlook 2025 awarded through competitive bidding like generation projects. Power Grid was the only

company operating in this area till then. The recently amended National Tariff Policy requires projects apart from those of strategic importance, which are to be nominated to Power Grid, be auctioned. Till now, Tala Transmission Project has been the biggest entry of private sector in power transmission though based on public-private partnership.

Power distribution system is the last stage of electricity sector value chain as it provides power generated in the power generating plants to the final consumers. The main function of

an electrical power distribution system is to provide power to individual consumer premises.

Distribution of electric power to different consumers is done with much low voltage level.

Power distribution in India has more presence of private sector than the transmission sector. Until some time back, the State Electricity Boards (SEBs) used to handle the distribution

segment completely. But in last two decades power distribution in a few regions/areas,

particularly in large cities has been privatized, however the SEBs or the state DISCOMs are still handling a large part of power distribution.

The sector has started receiving greater attention and investment with the restructuring of the state electricity boards (SEBs). Several new initiatives have been introduced to reduce aggregate technical and commercial (AT&C) losses along with a definitive regulatory

framework. Electricity Act 2003, National Electricity Policy 2005 and National Tariff Policy 2006 are important regulations governing the sector today with an aim to bring competition in the sector and improve the services to the end consumers.

Indian government has also made heavy investments in the distribution sector through the Rajiv Gandhi Grameen Vidyutikaran Yojna (RGGVY)(now replaced by Deendayal Upadhyaya

Gram Jyoti Yojana (DDUGJY) and Accelerated Power Development and Reforms Programme (APDRP) during the Tenth Plan and has continued to extend the same in the Eleventh Plan as well. The aim of these programs is to provide access of electricity to all and bring down the

AT&C losses to a level of around 15% across the country. The various policies and regulations

introduced by the government are set to increase competition and bring about commercial viability. Participation of private players into the Distribution Sector has also been

encouraged through various models such as Public Private Participation as in case of Delhi and Orissa and more recently through input based distribution franchisee models in Maharashtra, Madhya Pradesh and Uttar Pradesh.

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India Power Transmission & Distribution Sector Opportunity Outlook 2025 “India Power Transmission & Distribution Sector Opportunity Outlook 2025” Report Highlights • • • • • • •

India Power Transmission & Distribution Sector Overview

India Power Transmission & Distribution Sector Dynamics

Indian Electricity Grid Overview

Existing Power Transmission & Distribution Infrastructure in India

Transmission & Distribution (T&D) Losses

India Smart Grid Adoption Initiative

India Transmission & Distribution Sector Regulatory & Policy Framework

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India Power Transmission & Distribution Sector Opportunity Outlook 2025

Table of Contents 1. India Power Sector Overview 1.1 Existing Power Generation 1.2 Current Power Demand 1.3 Future Demand 2. India Power Transmission Sector Overview 3. Existing Transmission Infrastructure in India 4. India Power Transmission Sector Dynamics 4.1 Favorable Parameters 4.2 Challenges 5. Indian Transmission Sector Future Outlook 6. Indian Electricity Grid Overview 7. India Power Distribution Sector Overview 8. Existing Distribution Infrastructure in India 9. India Power Distribution Sector Dynamics 9.1 Favorable Parameters 9.2 Challenges to be Resolved 10. Indian Power Distribution Sector Future Outlook 11. Transmission & Distribution (T&D) Losses 11.1 Current Scenario 11.2 Factors Resulting in T&D Loss 11.3 Strategic Initiatives to Mitigate T&D Losses 12. India Smart Grid Adoption Initiative 12.1 Overview of Smart Grid For Sample Contact: neeraj@kuickresearch.com , +91-11-47067990

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India Power Transmission & Distribution Sector Opportunity Outlook 2025 12.2 Need for Smart Grid in India 12.3 Favorable Parameters for Smart Grid Adoption in India 12.4 India Smart Grid Vision 12.5 National Smart Grid Mission (NSGM) 13. India Transmission & Distribution Sector Regulatory Framework 13.1 Ministry of Power 13.2 Central Electricity Authority (CEA) 13.3 Central Electricity Regulatory Commission (CERC) 13.4 State Electricity Regulatory Commission (SERC) 13.5 Central Transmission Utility (CTU) 13.6 State Transmission Utility (STU) 13.7 Power Finance Corporation (PFC) 14. Power Transmission & Distribution Sector Policy Framework 14.1 National Electricity Policy 14.2 National Tariff Policy (NTP) 14.3 Independent Transmission Projects 14.4 Restructured Accelerated Power Development Programme (R-APDRP) 14.5 Integrated Power Development Scheme (IPDS) 14.6 Ujwal DISCOM Assurance Yojana (UDAY) 15. India Power Transmission & Distribution Companies

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India Power Transmission & Distribution Sector Opportunity Outlook 2025

List of Figures Figure 1-1: India - Total Electricity Generation (TWh), FY’11 - FY’16 Figure 1-2: India - Electricity Generation Growth Rate Year-on-Year (%), FY 11 - FY 16 Figure 1-3: India - Installed Power Capacity by Fuel (GW), 2016 Figure 1-4: India - Installed Power Capacity by Fuel (%), 2016 Figure 1-5: India & Global per Capita Electricity Consumption (kWh), 2015 Figure 1-6: India - Peak Power Demand & Availability (GW), FY’15 & FY’16 Figure 1-7: India - Projected Electricity Consumption (TWh), 2020, 2030 & 2035 Figure 1-8: India - Projected Installed Power Capacity (GW), 2025 & 2030 Figure 2-1: India Power Transmission Sector Structure Figure 2-2: India - Power Transmission Lines Length (CKM), Plan VI till Plan XII Figure 2-3: India - Addition of Power Transmission Network by Five Year Plans (CKM), Plan VII till Plan XII Figure 2-4: India - Cumulative AC Substations Transformation Capacity (MVA), Plan VI till Plan XII Figure 3-1: India - Cumulative HVAC 765 kV Transmission Lines Network (CKM), Plan VI till Plan XII Figure 3-2: India - Cumulative HVAC 400 kV Transmission Lines Network (CKM), Plan VI till Plan XII Figure 3-3: India - Cumulative HVAC 220 kV Transmission Lines Network (CKM), Plan VI till Plan XII Figure 3-4: India - HVDC 500 kV Transmission Line Network (CKM), Plan VI till Plan XII Figure 3-5: India - Cumulative HVDC 500 kV Transmission Lines Network (CKM), Plan VI till Plan XII Figure 3-6: India - Cumulative HVAC 765 kV Substations Transformation Capacity (MVA), Plan VI till Plan XII

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India Power Transmission & Distribution Sector Opportunity Outlook 2025 Figure 3-7: India - Cumulative HVAC 400 kV Substations Transformation Capacity (MVA), Plan VI till Plan XII Figure 3-8: India - Cumulative HVAC 220 kV Substations Transformation Capacity (MVA), Plan VI till Plan XII Figure 3-9: India - Cumulative HVDC +500/+8000 kV Substations Transformation Capacity (MW), Plan VI till Plan XII Figure 5-1: India - Peak Power Demand Projections (MW), FY’17 & FY’22 Figure 7-1: India - Financial Losses of India s State Owned Electricity Utilities, FY 11 - FY 14 Figure 11-1: India - Top 5 States with Lowest T&D losses (%), 2015 Figure 11-2: India & Global T& D Losses (%), 2015 Figure 11-3: India - T&D and AT& C losses (%), FY 11 - FY14 Figure 11-4: India - Projected T&D Losses in Eastern Region States (%), FY 16, FY 19 & FY 22 Figure 11-5: India - Projected T&D Losses in Northern Region States (%), FY 16, FY 19 & FY 22 Figure 11-6: India - Projected T&D Losses in Western Regions States (%), FY 16, FY 19 & FY 22 Figure 11-7: India - Projected T&D Losses in Southern Region States (%), FY 16, FY 19 & FY 22 Figure 11-8: India - Projected T&D Losses in North Eastern Region (%), FY 16, FY 19 & FY 22 Figure 11-9: India - Current & Projected T&D Losses, 2016 & 2019

Table 2-1: India - Power Transmission Projects Auctioned During FY’16 Table 3-1: India - Existing Transmission Lines (CKM) by Government & Private Sector, 31st May 2016 Table 3-2: India - HVAC Transmission Substations Capacity (MVA) by Government & Private Sector, 31st May 2016 Table 3-3: India - Existing HVDC Substations Transformation Capacity (MW) by Government & Private Sector, 31st May 2016 Table 3-4: India - Inter Regional Transmission Capacity (MW), as in May 2016 Table 4-1: India - Northern Region Power Supply Position For Sample Contact: neeraj@kuickresearch.com , +91-11-47067990

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India Power Transmission & Distribution Sector Opportunity Outlook 2025 Table 4-2: India - Eastern Region Power Supply Position Table 4-3: India - Western Region Power Supply Position Table 4-4: India - Southern Region Power Supply Position Table 4-5: India - North eastern Region Power Supply Position Table 4-6: India - Renewable Energy Transmission Network Tenders by States (US$ Million) Table 4-7: India - Funding by NCEF for Transmission Network for Renewable Energy, FY’15 Table 4-8: India - Funding by NCEF for Transmission Network for Renewable Energy, FY’16 Table 5-1: India - Projected Transmission (400kV & above) Infrastructure (in CKM) Table 5-2: India - HVDC Transmission Substations Existing & Future Capacity (MW) Table 5-3: India - AC Transmission (400kV & above) Substations Future Projections ( MVA) Table 5-4: India - Inter Regional Power Transmission Capacity (MW) Table 6-1: India - Five Regional Electric Grid & Areas Falling Under Them Table 8-1: India - DISCOMs in Major States Table 8-2: India - Estimates of Physical Requirement of Distribution Network during Plan XII( FY 13 - FY 17) Table 13-1: India - Major JVs of PGCIL Table 13-2: India - STUs in Major States

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